• Last Updated:
  • Jul 31st, 2009 1:52 pm
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[OP]
Jr. Member
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Feb 4, 2009
127 posts
Toronto

Property tax?

In Markham! Houses and Townhouses have the same property tax? And how much property tax will be for 420,000 Townhouse in Old Kennedy road near Pacific Mall? (I guess Old Kennedy will be taken as Markham)


Thank you!
2 replies
Deal Addict
Dec 18, 2006
1946 posts
350 upvotes
Markham
The previous year's should be on the property listing sheet (top right corner right under the price), if you're looking at a house listed by a realtor/MLS.
Deal Addict
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May 5, 2005
1566 posts
4 upvotes
R. Hill
spiderweb wrote:
Jul 31st, 2009 12:22 pm
In Markham! Houses and Townhouses have the same property tax? And how much property tax will be for 420,000 Townhouse in Old Kennedy road near Pacific Mall? (I guess Old Kennedy will be taken as Markham)


Thank you!
Property taxes are calculated by the assessed value of the home. It's the assessed value (MPAC value) multiplied by the mill rate.

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